Poer: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Poer
Largest movements
- Tangible fixed assets -€70,584
down €70,584 (-10.6%), from €663,711 to €593,127
of which Other tangible fixed assets: -€56,579
- Cash +€68,190
up €68,190 (+357.3%), from €19,085 to €87,275
mainly Other debts (+€97,022) and Depreciation (+€87,324)
- Deferred charges and accrued income -€28,837
down €28,837 (-10.8%), from €265,900 to €237,063
- Other debts +€97,022
up €97,022 (+75.3%), from €128,884 to €225,906
- Debts after one year -€89,840
down €89,840 (-15.4%), from €583,705 to €493,865
- Profit (loss) carried forward -€59,112
no longer reported in 2025 (was €59,112)
- Tax, wage and social debts +€34,381
up €34,381 (+91.4%), from €37,620 to €72,001
of which Taxes: +€22,697
- Current portion of long-term debt -€17,713
down €17,713 (-16.5%), from €107,552 to €89,840
- Gross operating margin +€130,144
up €130,144 (+34.9%), from €373,228 to €503,372
- Staff costs +€28,632
up €28,632 (+9.5%), from €302,316 to €330,948
- Taxes +€8,156
up €8,156 (+6372.0%), from €128 to €8,284
- Financial charges -€5,282
down €5,282 (-20.2%), from €26,116 to €20,834
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,055,510 | €1,006,917 | -€48,593 | -4.6% |
| Fixed assets | 21/28 | €665,836 | €594,752 | -€71,084 | -10.7% |
| Intangible fixed assets | 21 | €2,125 | €1,625 | -€500 | -23.5% |
| Tangible fixed assets | 22/27 | €663,711 | €593,127 | -€70,584 | -10.6% |
| Plant, machinery and equipment | 23 | €34,401 | €36,413 | +€2,013 | +5.9% |
| Furniture and vehicles | 24 | €42,449 | €26,432 | -€16,017 | -37.7% |
| Other tangible fixed assets | 26 | €586,861 | €530,282 | -€56,579 | -9.6% |
| Current assets | 29/58 | €389,674 | €412,165 | +€22,491 | +5.8% |
| Stocks and contracts in progress | 3 | €34,021 | €24,760 | -€9,261 | -27.2% |
| Stocks | 30/36 | €34,021 | €24,760 | -€9,261 | -27.2% |
| Amounts receivable within one year | 40/41 | €70,669 | €63,068 | -€7,601 | -10.8% |
| Trade receivables | 40 | €14,945 | €20,251 | +€5,305 | +35.5% |
| Other amounts receivable | 41 | €55,723 | €42,817 | -€12,906 | -23.2% |
| Cash at bank and in hand | 54/58 | €19,085 | €87,275 | +€68,190 | +357.3% |
| Deferred charges and accrued income | 490/1 | €265,900 | €237,063 | -€28,837 | -10.8% |
| Total equity and liabilities | 10/49 | €1,055,510 | €1,006,917 | -€48,593 | -4.6% |
| Equity | 10/15 | €159,112 | €100,000 | -€59,112 | -37.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,112 | - | -€59,112 | |
| Amounts payable | 17/49 | €896,397 | €906,917 | +€10,519 | +1.2% |
| Amounts payable after more than one year | 17 | €583,705 | €493,865 | -€89,840 | -15.4% |
| Financial debts | 170/4 | €583,705 | €493,865 | -€89,840 | -15.4% |
| Amounts payable within one year | 42/48 | €312,084 | €412,545 | +€100,462 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €107,552 | €89,840 | -€17,713 | -16.5% |
| Financial debts | 43 | - | €149 | +€149 | |
| Other loans | 439 | - | €149 | +€149 | |
| Trade debts | 44 | €38,027 | €24,649 | -€13,378 | -35.2% |
| Suppliers | 440/4 | €38,027 | €24,649 | -€13,378 | -35.2% |
| Taxes, remuneration and social security | 45 | €37,620 | €72,001 | +€34,381 | +91.4% |
| Taxes | 450/3 | €9,054 | €31,750 | +€22,697 | +250.7% |
| Remuneration and social security | 454/9 | €28,566 | €40,251 | +€11,685 | +40.9% |
| Other amounts payable | 47/48 | €128,884 | €225,906 | +€97,022 | +75.3% |
| Accrued charges and deferred income | 492/3 | €608 | €506 | -€102 | -16.8% |
| Remuneration, social security and pensions | 62 | €302,316 | €330,948 | +€28,632 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,101 | €87,324 | -€4,777 | -5.2% |
| Other operating charges | 640/8 | €1,903 | €1,972 | +€69 | +3.6% |
| Gross operating margin | 9900 | €373,228 | €503,372 | +€130,144 | +34.9% |
| Operating profit (loss) | 9901 | -€23,091 | €83,128 | +€106,219 | |
| Financial income | 75/76B | €289 | €1,269 | +€980 | +339.1% |
| Recurring financial income | 75 | €289 | €1,269 | +€980 | +339.1% |
| Financial charges | 65/66B | €26,116 | €20,834 | -€5,282 | -20.2% |
| Recurring financial charges | 65 | €26,116 | €20,834 | -€5,282 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | -€48,919 | €63,563 | +€112,481 | |
| Income taxes | 67/77 | €128 | €8,284 | +€8,156 | +6372.0% |
| Profit (loss) for the period | 9904 | -€49,047 | €55,278 | +€104,325 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,047 | €55,278 | +€104,325 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.